Show > CHO CANYON PROPERTIES ARE LOOKING UPI I Finn the Hliyollto Herald I A big surface showing IIHH been undo on the property of the Kcho Gilt IMgo company In a livefoot hole n I ttelge which was only a few Inches wldn at tho surface him widened to IS I lncliCH yielding assays an high IIB 070 Other good showings have been l made with very little work accomplished accomp-lished lint the company Is well Utihfiud la evidenced bj the following loiter received bj diet Uavltl from the president Your favors al hand Our price for lieasury stock ls iGc per share Oui Individual Htoclt cannot lie had 1 for loss thiui GOc per share and not any amount of that The rep < irl of the physical conditions of the Kcho just received f its to values etc convinced us that wo have made the strike of the year 1ienltlent Mackoy or myself possibly both will ho In soon to arrange for from lilt to 200 feet of sinking on the t propei ty Wo delay tho matter only hoping to save 1 to 2 a foot when + the wagon road Is completed You are on the ground and we will act on your Hiiggoittlon If you say commence work Immediately wo will do so although with a wagon road wo lenlle that tho cost of mining In the district must I bo decreased 20 to 30 per cent with lima completion of n wagon road and the railroad The hoard Is anxious to save this bin not at the expense of the stockholders Our report shows that our average values of ores will do lo ship J A HLSTON Ready Cash T M Oronen and diet Ucavlt have purchased tho Heady Cash group of eight full claims from T 11 O Cunningham Cun-ningham Peter Heed and O U Dalton The property is contiguous to the Hicks Leavltt property owned by the Injo Gold Mining company and also joins the Sldho or Dradshaw 1uymal property A thorough sampling samp-ling of tho three ledges which crop from four I to twenty feet In width shows average suifaco values In the nelghhothood of from 10 to 13 and the main ledge is easily traceable for 2000 feet on this group Messrs Qronen and Leavitt outdo an Inspection Inspec-tion of tho property this week and closed the deal with tho others they believing that tho Heady Cash group has one of tho biggest showings of any property In ho district Imvng the advantage of most prosperous neighbors In addition to tho good Individual In-dividual showing Mr Leavitt fs a pioneer in that country he being onft of the locators of the Inyo Ho developed de-veloped with good ore fiom tho grassroots grass-roots Inyo Gold Uoik has been resumed in the 100 foot shaft on the Inyo Gold and shatts will shortly be started on two other ledges which give flattering aspects at tho surface |